The story of this market
The typical home in ZIP 01373 sells for about $405,400, or $221 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,650 a month.
ZIP 01373 — Deerfield
The housing market in 01373 remains stable with low inventory and steady demand, keeping prices firm. Limited supply is the primary driver of current market conditions, as few homes are coming to market in this rural area. Buyers are active but selective, resulting in a balanced market environment.
This ZIP is best suited for families and outdoor enthusiasts seeking a rural lifestyle with access to regional employment hubs in Greenfield and Northampton.
Median prices moved up 4.2% year over year.
Homes spend a median of 45 days on market with 4.0 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 6.5% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 01373, Franklin County MA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the area are generally low and consistent with rural Franklin County trends, remaining significantly below state and national averages.
Schools serving the area are part of the Mohawk Trail Regional School District, which is generally characterized as providing a stable, community-focused educational environment.
The area faces moderate risks related to seasonal flooding near the Deerfield River and typical New England winter weather, with standard insurance coverage available.
Economic momentum is driven by local agriculture, tourism, and small-scale manufacturing, with limited large-scale industrial development.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Massachusetts) — Massachusetts Local Property Tax: Ad valorem tax calculated as (Municipal Budget / Total Assessed Value of all taxable property) = Tax Rate per $1,000 of assessed value. Assessments must be at 100% of full and fair cash (market) value.
Commutes are primarily car-dependent, with residents traveling toward Greenfield or Northampton via Route 5/10 and I-91.
The area offers extensive outdoor recreation including hiking trails, access to the Deerfield River for water sports, and proximity to local orchards and historic village centers.
The rental market is tight with low vacancy rates, driven by limited inventory and demand from local workers and students in the broader Pioneer Valley.
The economy is anchored by education, agriculture, and tourism, with major regional employers including nearby colleges and healthcare systems in the Pioneer Valley.
Transportation is dominated by private vehicle use, with I-91 serving as the primary north-south artery for regional transit.
Development is largely focused on small-scale residential infill and preservation of agricultural land.
The Franklin County appraisal process is managed at the town level, with assessments updated periodically to reflect market value.
Parcels are subject to local school district taxes and regional vocational school assessments.
Property insurance premiums are stable but reflect regional risks associated with flood zones near the river and heavy winter snowfall.
Net domestic migration is stable, with a slight trend of remote workers moving from urban centers to rural Massachusetts.
Massachusetts is a judicial foreclosure state, requiring court intervention for the foreclosure process.
Sellers are required to provide a property disclosure statement regarding the condition of the home, though the state is generally 'caveat emptor'.
Data retrieved from data.census.gov ZCTA 01373 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Central Rock Gym - Hadley4.78.8 mi
- Pioneer Valley Indoor Karting4.66.8 mi
- FunHub Action Park4.48.6 mi
- Cummington Fair4.513.7 mi
- DementedFX4.618.6 mi
- Mullins Center4.67.1 mi
- Magic Wings Butterfly Conservatory4.83.2 mi
- Academy of Music4.710.3 mi
- Franklin County Fairgrounds4.68 mi
- McCray's Country Creamery4.414.9 mi
- Magic Wings Butterfly Conservatory4.83.2 mi
- The Montague Bookmill4.86.8 mi
- Cinemark at Hampshire Mall and XD4.48.6 mi
- Bridge of Flowers4.811.2 mi
- The Eric Carle Museum of Picture Book Art4.611.1 mi
- Amherst College4.38.6 mi
- The Eric Carle Museum of Picture Book Art4.611.1 mi
- Emily Dickinson Museum4.88.4 mi
- Children's Museum at Holyoke4.718 mi
- Smith College Museum of Art4.710.2 mi
- Look Memorial Park4.78.9 mi
- The Botanic Garden of Smith College4.810.2 mi
- DAR State Forest4.78.8 mi
- Skinner State Park4.811.6 mi
- Mount Sugarloaf State Reservation4.81.4 mi
- Oxbow Marina4.412.1 mi
- Brunelle's Marina4.414.1 mi
- Northampton Country Club4.69 mi
- Country Club of Greenfield4.310.7 mi
- Atkins Farms Country Market4.711.3 mi
- Big Y4.38.2 mi
- Hampshire Mall48.6 mi
- Big Y4.48.7 mi
- Thornes Marketplace4.510.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Popular for whitewater rafting, fishing, and scenic views.
A historic village featuring preserved 18th-century houses and museums.
Offers hiking trails and panoramic views of the Connecticut River Valley.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.